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NYCHA looking for more private developers to renovate its apartments

The New York City Housing Authority (NYCHA) has released a Request for Expressions of Interest (RFEI) to attract development partners for new projects under the Authority’s Permanent Affordability Commitment Together (PACT) program to repair and preserve more than 4,400 units in Brooklyn, Manhattan, and the Bronx.

The official Request for Expressions of Interest (RFEI) issued by the Authority is the first step in unlocking the funds necessary to address critical repairs and social service needs for more than 10,000 residents living at NYCHA campuses across the three boroughs.

All PACT projects will ensure that rents remain permanently affordable and residents are guaranteed comparable rights as they possess in traditional public housing.

Residents in developments participating in the PACT program will see their buildings, common spaces, and apartments modernized through extensive renovations.

Chronic heat and gas outages will be addressed and renovations of interiors and common spaces, as well as elevator repairs, will be completed.

Additionally, there will be improvements to building security including entry systems and additional security cameras. Partnerships with social service providers improve on-site services and programming through input from residents.

Pre-qualified Partners designated through the January 2020 PACT Request for Qualifications (RFQ) process will be invited to submit proposals in response to the following projects:

Edenwald (2,039 units in the Bronx)

Samuel City (664 units in Manhattan)

Reid Apartments and Park Rock Consolidated (1,698 units in Brooklyn)

This latest iteration is designed to not only continue the Authority’s commitment to undertaking a large-scale modernization of New York City’s aging public housing developments, but also to expand and deepen economic recovery and opportunities for NYCHA residents – through a dedicated emphasis on M/WBE partners and contractors; nonprofit organizations; Section 3 programming; social services for residents and increasing broadband access.

VICKI BEEN

“The PACT program has proven transformative to the condition of our public housing and, in turn, to the lives of NYCHA residents,” said Deputy Mayor for Housing and Economic Development Vicki Been. “This RFEI will deliver those same improvements and advanced economic opportunities to over 4,400 more households, further cementing PACT’s role in ensuring the long-term viability of New York City’s largest and most affordable housing stock.”

Launched in 2016, PACT is a key tool working in tandem with the Blueprint for Change to help inject much-needed money into the public housing infrastructure citywide while safeguarding long-standing tenant rights and protections.

PACT allows NYCHA to completely renovate developments using HUD Section 8 conversion programs, including the Rental Assistance Demonstration program (RAD), Tenant Protection Voucher (TPV) funding, and Part 200 disposition, all of which ensure long-term affordable housing. The New York City Housing Development Corporation (HDC), the local housing finance agency, will assemble the financing, as well as provide asset management and compliance for the PACT transactions.

Through PACT, developments will be included in the federal Rental Assistance Demonstration (RAD) and convert to a more stable, federally funded program called Project-Based Section 8. PACT depends on partnerships with private and nonprofit development partners.

Once the property is converted to Project-Based Section 8, NYCHA will lease the land and buildings to the development partners, who will conduct the repairs, serve as the new on-site property manager, and provide enhanced social services and community programs.

NYCHA will continue to own the land and buildings, administer the Section 8 subsidy and waitlist, and monitor conditions at the development.

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